Crypto worth £67m found hidden in Bitcoin fraudster’s trousers
The post Crypto worth £67m found hidden in Bitcoin fraudster’s trousers appeared on BitcoinEthereumNews.com.
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails A fraudster behind the UK’s largest every cryptocurrency seizure of £5.1bn Bitcoin has given police access to a further £67m after a digital storage device was discovered inside her jogging bottoms. Zhimin Qian pleaded guilty to money laundering offences at Southwark Crown Court in September, following a seven-year investigation, and agreed to forfeit all her cryptocurrency. The 47-year-old, also known as Yadi Zhang, defrauded more than 128,000 victims through a scheme in China between 2014 and 2017 and stored the illegally obtained funds in Bitcoin assets, according to the Metropolitan Police. Scotland Yard said Qian played a leading role in the scam. In 2018, the Chinese national came to the UK after fleeing her home country using false documents and attempted to launder the proceeds through purchasing property with the help of Jian Wen in September of that year, police said. open image in gallery Hok Seng Ling was convicted after acting as her fixer and dealing with cryptocurrency on her behalf (Met Police) Wen, a former takeaway worker, was jailed for her role in the scheme last year after being found with Bitcoin wallets worth more than £2 billion. The initial £5.1bn haul of Bitcoin was seized after police raided Qian’s home in Hamsptead in 2018, but she went on the run and was later arrested in York. A digital device containing the extra £67m was discovered in a concealed pocket of her trousers, for which she provided the access codes and passwords to police during interviews in prison last month, The Times reports. During a High Court hearing on Wednesday, prosecutors announced that…
Filed under: News - @ October 16, 2025 9:28 am